Itt (ITT) Tax Rate (2009 - 2026)
Itt's (ITT) quarterly Tax Rate came in at 38.28% in Q2 2026, up 1388.0% year-on-year from 2.57% in Q2 2025, and up 71.29% quarter-over-quarter from 22.35% in Q4 2025.
Itt (ITT) Tax Rate (2009 - 2026) Analysis & Trends
Itt's Tax Rate history runs 18 years deep, the most recent figure standing at 38.28% for Q2 2026.
- On a quarterly basis, Tax Rate rose 1388.0% year-over-year to 38.28% in Q2 2026; TTM through Apr 2026 was 27.39%, a 756.0% increase from a year earlier, with the FY2025 full-year figure at 24.57%, up 513.0% from the prior year.
- Tax Rate advanced to 38.28% in Q2 2026 per ITT's latest filing, from 22.35% in the prior quarter.
- Across five years, Tax Rate topped out at 38.28% in Q2 2026 and bottomed at 13.7% in Q4 2022.
- The 5-year median for Tax Rate is 21.54% (2024), against an average of 22.03%.
- Biggest YoY gain for Tax Rate was 1511 bps in 2022; the steepest drop was 5459 bps in 2022.
- Year by year, Tax Rate stood at 21.18% in 2022, then declined by 2 bps to 20.7% in 2023, then declined by 28 bps to 14.83% in 2024, then surged by 51 bps to 22.35% in 2025, then soared by 71 bps to 38.28% in 2026.
- Per Business Quant, the three latest ITT Tax Rate figures stand at 38.28% (Q2 2026), 22.35% (Q4 2025), and 25.68% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 29.84 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 21.68 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 19.21 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 27.19 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 22.07 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 20.58 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 18.99 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 20.23 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 15.70 |
| 10 | Itt | 17.09 Bn | 16.48 Bn | 428.80 Mn | 38.28 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | 38.28 |
| Apr 4, 2026 | 38.28 |
| Apr 4, 2026 | 38.28 |
| Dec 31, 2025 | 22.35 |
| Dec 31, 2025 | 22.35 |
| Dec 31, 2025 | 22.35 |
| Sep 27, 2025 | 25.68 |
| Sep 27, 2025 | 25.68 |
| Sep 27, 2025 | 25.68 |
| Jun 28, 2025 | 25.88 |
| Jun 28, 2025 | 25.88 |
| Jun 28, 2025 | 25.88 |
| Mar 29, 2025 | 24.39 |
| Mar 29, 2025 | 24.39 |
| Mar 29, 2025 | 24.39 |
| Dec 31, 2024 | 14.83 |
| Dec 31, 2024 | 14.83 |
| Dec 31, 2024 | 14.83 |
| Sep 28, 2024 | 18.96 |
| Sep 28, 2024 | 18.96 |